08/20/2019

Caliber Midstream Expands with Acquisition of North Dakota Assets

Holland & Hart represented Colorado-based Caliber Midstream Holdings, L.P., an independent, growth-oriented energy infrastructure company that provides a full suite of midstream services to producers in the Bakken and Three Forks shale oil plays, in its recent acquisition of the North Dakota assets previously owned by American Midstream Partners, LP. The acquisition expands Caliber’s crude oil gathering and transportation service lines and widens Caliber’s area of operations within McKenzie County, North Dakota. The acquired assets include a FERC-regulated crude oil gathering and pipeline transportation system consisting of a 47-mile pipeline and related facilities with the ability to transport crude oil to the Tesoro High Plains Pipeline and the Energy Transfer Dakota Access Pipeline.

The Holland & Hart transactional team worked closely with Caliber’s CEO, Daniel Werth, and CFO, Luke DiTomas, and was led by Partner James Crowe and associate Paige Coriden. The team also included subject matter expertise and support from Leslie Boyle, Chris Boling, Adam Cohen, John Ludlum, Mark Wiletsky, and Evan Randall.

For more information, please see Caliber’s press release.

DISCLAIMER

Unless you are a current client of Holland & Hart LLP, please do not send any confidential information by email. If you are not a current client and send an email to an individual at Holland & Hart LLP, you acknowledge that we have no obligation to maintain the confidentiality of any information you submit to us, unless we have already agreed to represent you or we later agree to do so. Thus, we may represent a party adverse to you, even if the information you submit to us could be used against you in a matter, and even if you submitted it in a good faith effort to retain us.